STEIN ROE INCOME TRUST
Stein Roe Intermediate Bond Fund
Supplement to Prospectus Dated Nov. 1, 1998
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Effective October 1, 1998, through the close of business on
November 30, 1998, the minimum initial amount that must be
invested to open an Intermediate Bond Fund regular account under
an automatic investment plan has been reduced from $1,000 to $500,
provided that the automatic investment plan continue until the
account has a value of at least $2,500. (See How to Purchase
Shares.) If you buy shares through an Intermediary, the reduced
minimum initial investment may not apply.
This Supplement is Dated Nov. 1, 1998
